Business

India’s new cryptocurrency tax has dealt a heavy blow to the country’s crypto exchanges, adding to broader sectoral woes and sending trading volumes plunging by up to 90 per ...

The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had “darkened significantly” since April and she could not rule out a possible ...

Finance Minister Constantinos Petrides on Wednesday said that the government’s long-term economic strategy Vision 2035 is based on tangible actions and is designed to tackle the challenges that Cyprus will ...

Europe’s Airbus (AIR.PA) has raised the stakes in a dispute with Qatar Airways over damage to the painted surface of long-haul A350 jets by revoking the contract for ...

Global football players union FIFPRO has warned footballers about the risks of signing for clubs in China, Turkey, Greece and several other countries due to “systematic and widespread contractual violations”. ...

A stampede for dollars as global recession risks mount has left other currencies battered and bruised, with the euro getting trampled on more than most as surging European gas prices ...

Mecca’s crowded streets provided Saudi merchant Dhikra Faqihi with much-needed relief as pilgrims returned to the annual haj after two years of pandemic-related disruption, with many rushing to buy ...

Oil prices rose as much as nearly 3 per cent on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session, ...

The Turkish lira weakened 0.5 per cent against the dollar early on Wednesday, hit by broad strength in the U.S. currency and by investor concerns about soaring inflation and economic ...

The lifting of Covid-19 measures has swiftly elevated global air travel demand, Airports Council International (ACI) World said in a report published earlier this week. ACI’s quarterly assessment, which ...

The Deputy Ministry for Research, Innovation and Digital Policy on Tuesday announced that minister Kyriacos Kokkinos is taking part in the 26th Annual Economist Government Roundtable, which is taking place ...

A French Member of the European Parliament (MEP) urged France’s market regulator to review its decision to register the Binance cryptocurrency exchange, citing a recent Reuters investigation into money ...

Eurostat, the statistical office of the European Union, on Tuesday announced that there was a slight improvement in overall employment in the EU during the first quarter of 2022, when compared ...

The euro slumped to a two-decade low on Tuesday as the latest surge in European gas prices added to the region’s recession worries and a rebound in US Treasury ...

The NFT dream isn’t dead, but it’s taken a big non-fungible beating. The market shone gloriously last year as crypto-rich speculators spent billions of dollars on the risky ...

Brent oil prices were little changed on Tuesday, reversing earlier gains of $1, as investors weighted supply concerns, highlighted by a potential production cut in Norway, and worries about a possible ...

Egypt’s Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7 per cent from the previous year, Canal Authority Chairman Osama Rabea said ...

Keeping a long-term perspective is the best strategy for surviving a bad market. When the market is weak, even the most valuable equities are likely to depreciate. However, losing value ...

British manufacturing firm Corbetts the Galvanizers used to rely on a stream of workers from Poland and Romania to fill its shop floor, where steel is dipped into a long ...

Turkey’s annual inflation rate jumped to a 24-year high of 78.62 per cent in June, data showed on Monday, just above forecast, driven by the impact of the Ukraine war, ...

The number of pubs operating in England and Wales is the lowest on record, research showed on Monday, as surging energy costs combine with a shortage of workers to threaten ...

Cyprus should implement firmer and more transparent means of protecting public health as it moves ahead with its gas exploitation programme, according to a study by the Cyprus University of ...

The Deputy Ministry of Shipping on Monday announced that minister Vassilios Demetriades is currently in Japan on an official visit. During his time in the country, the minister will hold ...

PwC Cyprus on Monday said that international investments are crucial to the Cypriot economy, something which was highlighted during the Invest Cyprus International Investment Awards. The event took place on ...